Weather risk management is a type of risk management done by organizations to address potential financial losses caused by unusual weather.
Read more about Weather Risk Management: Overview, Market Participants, Further Reading
Famous quotes containing the words weather, risk and/or management:
“When the weather suits you not,
Try smiling;
When your coffee isn’t hot,
Try smiling;”
—Unknown. Try Smiling (l. 1–4)
“If the only new thing we have to offer is an improved version of the past, then today can only be inferior to yesterday. Hypnotised by images of the past, we risk losing all capacity for creative change.”
—Robert Hewison (b. 1943)
“Why not draft executive and management brains to prepare and produce the equipment the $21-a-month draftee must use and forget this dollar-a-year tommyrot? Would we send an army into the field under a dollar-a-year General who had to be home Mondays, Wednesdays and Fridays?”
—Lyndon Baines Johnson (1908–1973)